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TAG Oil Ltd. V.TAO

Alternate Symbol(s):  TAOIF

TAG Oil Ltd. is a Canadian-based international oil and gas exploration company. The Company is focused on oil and gas exploration and development opportunities in the Middle East and North Africa (MENA). In the Western Desert of Egypt, it is developing the unconventional heavy oil Abu Roash F (ARF) formation in the Badr oil field (BED-1). It holds an interest in the Badr Oil Field (BED-1), a 26,000 acres concession located in the Western Desert, Egypt, through a Production Services Agreement (PSA) with Badr Petroleum Company (BPCO). It is focused on BED-1 the re-completion and evaluation operations of the BED 1-7 vertical well. These initial operations are part of TAG’s phase 1 development program of ARF reservoir in BED-1. The BED 1-7 well started oil production from the ARF reservoir. Its subsidiaries include TAG Energy International Ltd., TAG Petroleum Egypt Ltd. (Cyprus), TAG Petroleum Egypt Ltd. (Egypt Branch), TAG Oil (NZ) Limited, Trans-Orient Petroleum Ltd and others.


TSXV:TAO - Post by User

Bullboard Posts
Comment by uptown59on Oct 25, 2013 6:32pm
187 Views
Post# 21850580

RE:RE:Monkee

RE:RE:MonkeeWas really hoping this week that we might be on the road to recovery. In answer to your question I'm retired and trading is my hobby. I maintained and repaired equipment for 35 years, 15 yrs on drilling equipment. Worked for public companies most of career, missed guidance happens all the time, but 5k boepd to 2500 boepd, mâkes it hard to trust and creates skepticism. I have no problem with the PP, it was smart, and I believe Dundee would not be here if they did not feel it was à good bet. I intend to hold my core position until earnings, will see what action happens leading up to QR, I'm in the red 3k, will keep stops à little tighter. But right now i do not trust Tag, however the fact that Randy Toone continues to hold onto his 55k shares reassures a bit.
Bullboard Posts